Hasbro Inc HAS shares were climbing Friday morning, with more analysts turning bullish on the stock. Loading... The current consensus does not fully reflect the success of the company's digital gaming strategy with Monopoly Go!, according to BofA Securities. The Hasbro Thesis: The company's Monopoly Go! game is likely to move away from minimum royalty guarantees in the second quarter and generate around $36 million in operating profits per quarter in the back half of the year, Perry said in the upgrade note ...

Hasbro (NASDAQ:HAS) stock could be poised for further gains if Bank of America analysts are right about the toy and game company's shares. In addition to this, the Bank of America analysts also upgraded HAS stock from a "neutral" rating to a "buy" rating today. That roughly matches the analysts' consensus rating for Hasbro based on 11 opinions. Here's what the Bank of America analysts had to say about Hasbro in a note to clients obtained by Investing.com. On top of that, the analysts continue to see stable ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

Hasbro has a PEG ratio of 0.93 compared with 2.07 for the industry. The company possesses a Growth Score of A. Silicon Motion Technology (SIMO) : This company which is a leading developer of microcontroller ICs for NAND flash storage devices, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Learn more about the Growth score and how it is calculated here. Hasbro (HAS) : This company which is engaged in the design, man ...

Hasbro, Inc. (NASDAQ:HAS) stock is up 1.2% before the bell, after Bank of America upgraded to "buy" from "neutral" and hiked its price target to $80 from $70. In its bull note, the analysts said the toymaker's earnings could see a rebound in 2024 and 2025 due to its digital gaming strategy. Thanks to a post-earnings bull gap of 11.4% on April 24, Hasbro stock touched a nearly seven-month high of $66.38 and sports a 6.3% year-over-year lead. The shares have since suffered a 12.5% correction, though there's c ...

Loading... Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Loading... Check This Out: Adobe, Avidity Biosciences And 3 Stocks To Watch Heading Into Friday ...

Investors will be eagerly watching for the performance of Hasbro in its upcoming earnings disclosure. The company is expected to report EPS of $0.74, up 51.02% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $938.32 million, down 22.45% from the year-ago period. Any recent changes to analyst estimates for Hasbro should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a res ...

Shares of the toy maker witnessed a loss of 4.31% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 0.05% and the S&P 500's gain of 3.51%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.66 per share and revenue of $4.14 billion, indicating changes of +45.82% and -17.18%, respectively, compared to the previous year. Our research reveals that these estimate alterations are directly linked with the stock price performance i ...

Shares of Hasbro, Inc. (HAS) had surged 20.2% in the past six months, outpacing the industry's modest 1.7% growth. The company's momentum was fueled by its innovative product and content launches within the Dungeons & Dragons universe. Moreover, its strategic shift toward an asset-light entertainment model, coupled with key partnerships with Playmates, LEGO, Converse and Black Milk Apparel, along with a robust product lineup, contributed positively. The Zacks Rank #1 (Strong Buy) company's earnings in 2024 ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Hasbro (HAS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Hasbro currently has an average brokerage re ...